Not All Private Equity People Are Evil.

Asset Bubbles Have Happened Even Without Not-so-easy Money. And, In A Depressed Economy, Where Alternative Uses Of Money Are Not Great, People Are Going To Bid Up The Prices Of Profitable Corporations And Stuff Like That.

Friedrich Hayek Is Not An Important Figure In The History Of Macroeconomics.

I Don't Think I've Had Any Great Success In Predicting Politics Or Social Change, Nor Have I Really Tried.

Our Popular Economics Writers, However, Are Not In The Business Of Giving Their Readers A Ringside Seat On The Research Action; With No Exception I Can Think Of, They Use Their Books To Do An End Run Around The Normal Structure Of Scholarship, To Preach Ideas That Few Serious Economists Share. Often, These Ideas Are Not Just At Odds With The Professional Consensus; They Are Demonstrably Wrong, And Sometimes Terminally Silly. But They Sound Good To The Unwary Reader.

I Believe That The Only Important Structural Obstacles To World Prosperity Are The Obsolete Doctrines That Clutter The Minds Of Men.